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Europe Daily Bulletin No. 8286

30 August 2002
Contents Publication in full By article 11 / 34
GENERAL NEWS / (eu) eu/eib/floods
EIB expected to issue a € 1 billion loan on 19 September to regions affected by floods

Brussels, 29/08/2002 (Agence Europe) - Germany, Austria, Slovakia, the Czech Republic (and maybe Hungary) are expected to receive a loan of € 1 billion from the European Investment Bank (EIB) quite rapidly to deal with the damage caused by the recent floods. The EIB Management Committee will meet on 19 September officially to approve the decision. The € 1 billion loan, for which funds could be released by the end of September (with Germany expected to get the lion's share), should cover...

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